Continued worries about the Delta variant are derailing fall travel plans.
Driving the news: Thanksgiving domestic flight bookings in August were 18% lower this year compared with 2019, according to a new Adobe Digital Economy Index report out Monday morning.
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The big picture: Domestic flight demand is still far off pre-pandemic levels.
Online bookings last month reached $4 billion, a decline of 35% from pre-pandemic levels in August 2019 and 24% from this July.
Year-to-date through August, total domestic bookings represent $38 billion, down 30% from the same time period in 2019.
What they’re saying: When flight bookings for November and December were up 9% and 17% in March versus March 2019, it was a promising signal, says Vivek Pandya, lead analyst at Adobe Digital Insights.
But consumers became more cautious as the Delta variant spread. The bulk of bookings happens three to four months before peak periods, so August is beginning to show a better picture of what the rest of the year might look like, Pandya adds.
The bottom line: The economy’s recovery has been uneven and is still dependent on solving the health crisis.
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